05-05-2017
Mathematics

contestada

A bank deposit that earns that earns interest annually is given by the function f(x)=1500(1.04)^x . What is the initial deposit?
a. $1,500
b. $1.04
c. $1,560
d. $40

Respuesta :

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05-05-2017

$1500 because the annual interest rate is 4%

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MY1DESTINY MY1DESTINY

05-05-2017

x=0 (initial) f(x)=1500

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